This is my personal blog for me to motivate myself. I treat it as my library on topics that interest me like investment in unit trust, stocks and property and self improvement.
If you think the topics interest you, you are wellcome to read and enjoy the music too.
Tuesday, December 6, 2011
Pay More Be Happy
Overpay your loan if you can.
Based on taking out a 25-year home loan of RM100,000, overpayments of RM300 a month would pay it off 12 years early. You would pay back RM123,084 rather than RM146,988 – a saving of RM23,903.
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